Returns the 402(g) Deferral Limit as of the first day of the plan year that is specified in the DC Allocation.

Syntax:

#DEFLIM

Examples:

#DEFLIM equals 19,500 for a plan year beginning in 2021.

To calculate the expected match of 50% of deferrals limited by 402(g), if deferrals are in fields called "DefPreTax" and "DefAfterTax":

0.50 * (DefPreTax + DefAfterTax) #MIN #DEFLIM

Related Operators:

#MAXSAL 401(a)(17) Maximum Compensation as of first day of plan year

#CATCHUPLIM 414(v) Catch-up Limit as of first day of plan year, or zero if not eligible for catch-up

#CONTLIM 415(c) Defined Contribution Limit as of first day of plan year

#SSWB U.S. Social Security Wage Base as of first day of plan year